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GeorgeVeritas
Feb 1, 2018 11:59 AM

Confrontation between two giants ETH <>BTC Long

Ethereum / BitcoinBittrex

Description

$162,906,887,946 BTC mark.cap
$109,547,148,915 ETH mark.cap
Each of this cryptocurrency have real fan and followers,by own reasons. Price came to critical "BEAR" levels. Gann FAN resistance 4/1, 8/1 and Fibo retrc.61.8% , 73.6%.
3/1,4/1 already changed from Resistance to Support.Plus price pass 61.8% what means no way for call it "Corrections". Man, its real "transmutation" from 200$ cheap ETH boy, to thousands $ "Giant". we have chance to watch this transformations, and HODL.
Comments
KISStheProfit
Nothing to do with fans. Do not deceive people.
GeorgeVeritas
@KISStheProfit, whatever you say! here is technical analysis, and Gann Fan show it well.
KISStheProfit
@GeorgeVeritas, What about your TAs today? :) I like how you chart, but the price is only sustained by the exhanges themselves now. And the funny thing is - they do it with USDT :).
GeorgeVeritas
@KISStheProfit, I don’t interested in USDT because to many shadow negative news and happiness with this coin. TA it’s not 100% exact science, it analysis based on previous move. 2 days a go everywhere BTC for LONG. BitMex again millions of liquidation of long. Now is total Panic, people want money back , no one want believing in predictions of crypto-pro “monster” who promised BTC 25,000$, in end of FEB. it’s “herd effect”. When BTC growing in 2017, everyone buying and look stupid at that who talk about “bubble” , or correction or some negative. Because people don’t want thinking about bad. Now totally sale days, and amateurs holders want money now, now later , even with -20-50% loses. My portfolio-50% in btc and -60% in US$ equally. Should I sale I keep, even next 2-3-5 years. Crypto is for available money or SMART-fast trade. I don’t believe in 100% happy end for many coins,. So TA, now no reason to look or draw some support and resistance line, Fibonacci or Gann fan, now it’s time to watch, learn and look good opportunity to buy.
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